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Nasdaq issued a staff determination to delist Functional Brands Inc. common stock from the Nasdaq Capital Market due…
MEHAFunctional Brands Inc.
Nasdaq issued a staff determination to delist Functional Brands Inc. common stock from the Nasdaq Capital Market due to violations of the Low Priced Stocks Rule. The company failed to regain compliance with the $1.00 minimum bid price requirement, and as of June 8, 2026, the stock closed at $0.10 or less for ten consecutive trading days. Trading suspension is scheduled for the opening of business on June 16, 2026. The company may request a hearing before the Nasdaq Hearings Panel by June 16, 2026, to appeal the decision, though a timely request will not stay the trading suspension. Functional Brands Inc. is a consumer goods company.